MGM Resorts International Looking for Senior Accountant – Fixed Assets/Capitalization at Jacksonville, FL  Full Time

The SHOW comes alive at MGM Resorts International.

Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

THE JOB:

The Senior Tax Accountant – Fixed Assets is a tax professional that works on the company’s tax fixed assets as well as federal and state depreciation calculations in an exciting, dynamic and fast-paced industry. All duties are to be performed in accordance with departmental and company policies, practices and procedures.

THE DAY-TO-DAY:

• Reconcile each of MGM’s U.S. legal entity’s U.S. GAAP fixed asset books versus the tax depreciation books (including federal, state and E&P tax deprecation books) for the preparation of our federal as well as state corporate and partnership tax filings.

• Regularly maintain the tax depreciation books in Bloomberg Fixed Assets (MGM’s tax deprecation software); ensure U.S. GAAP accounting data from the Oracle ERP system is properly uploaded into Bloomberg Fixed Assets for tax purposes; routinely review fixed asset additions, disposals, and retirements.

• Review construction-in-progress general ledger accounts to verify if any new projects warrant a cost segregation study and estimate depreciation on such projects.

• Analyze new construction projects to determine if costs can be deducted as a repairs and maintenance expense under the Tangible Property Regulations.

• Provide data to vendors preparing cost segregation studies and review their cost segregation analysis.

• Prepare tax deprecation projections and a tax analysis of fixed asset disposals to be included in provision for income taxes under ASC 740.

• Prepare tax depreciation projections to include in federal taxable income projections for cash tax forecasts.

• Assist with other fixed asset related as well as other related tax department projects, including but not limited to capitalized interest calculations and base stock analysis.

• Prepare lead schedules to support the federal and state income tax returns and coordinate with colleagues on the preparation of Form 4562, 4797 and Schedule D.

THE IDEAL CANDIDATE:

• Bachelor’s Degree in Accounting, Finance, or equivalent.

• 3+ years of specialized experience in accounting/auditing, with a focus on Fixed Assets and Capitalization processes.

• Experience pulling financial reports and utilizing them to make recommendations and decisions based on financial data.

• Experience preparing and reviewing general ledger account reconciliations.

• Experienced in executing monthly and quarterly financial reporting tasks, including profit and loss (P&L) analysis.

• Demonstrated expertise in accurately recording Construction in Progress (CIP) transactions.

THE PERKS & BENEFITS:

• Enjoy the flexibility of remote work from the comfort of your own home (approved locations).

• Wellness incentive programs to help you stay healthy physically and mentally.

• Enjoy exclusive access to discounts on company amenities including hotel stays, dining experiences, retail offerings, and entertainment.

Are you ready to JOIN THE SHOW? Apply today!